August 21, 2017 3:01 AM ET

Banks

Company Overview of Raiffeisen Bank Sh.a.

Company Overview

Raiffeisen Bank Sh.a. provides various banking products and services to private individuals, micro businesses, small businesses, and corporate businesses in the Republic of Albania. The company offers current accounts, savings and investments, loans, overdrafts, retail sales financing, housing loans, home equity loans, credit and debit cards, payments and money transfer services, and salary packages; and financial products, such as letters of credit, bank guarantees and standby letters of credit, documentary collection, and treasury bills. The company also provides investment financing, cash management and trade finance products, and custody services, as well as Internet, mobile, and SMS ban...

Building 71

Apt. 4

Kavaja Street

Tirana,  

Albania

Founded in 1991

1,374 Employees

Phone:

355 4 2381 381

Fax:

355 4 2275 599

Key Executives for Raiffeisen Bank Sh.a.

Chairman of the Management Board & CEO
Board Member of Retail & Member of the Management Board
Board Member of Corporate & SE and Member of Management Board
Vice Chairman of the Management Board
Compensation as of Fiscal Year 2017.

Raiffeisen Bank Sh.a. Key Developments

Raiffeisen Bank Reports Earnings Results for the First Quarter of 2017; Reports Impairments for the First Quarter of 2017

Raiffeisen Bank reported earnings results for the first quarter of 2017. For the quarter, the company's net interest income was €13.4 million against €14.7 million a year ago. Operating income was €20.4 million against €22.6 million a year ago. Operating profit was €10.2 million against €11.9 million a year ago. Profit after tax was €10 million against loss of €16.6 million a year ago. The unit allocated just €880,320 to covering impairment losses in the first quarter of 2017, compared to €30 million a year earlier.

Similar Private Companies By Industry

Company Name Region
Banka Credins Sh.A Europe
Alpha Bank Albania Europe
American Bank of Investments Europe
Banka Kombetare Tregtare Sh.a. Europe
Banka NBG Albania SH.A. Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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